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17 Oct 2023

Honda Motorcycles & Scooters (India), the only major two-wheeler brand without an electric offering yet, will make battery packs locally with Haryana-based Navitasys in a tie-up that could alter the competitive dynamics in an industry segment that's at the vanguard of the green transformation in personal mobility.
“Honda is charting a course to launch an electric model, collaborating with NVT Power (which is Navitasys in India) for battery supplies,” said one of the multiple industry sources ET spoke with on the subject.
The source added that by 2040, the Japanese auto major aims to electrify its entire two-wheeler lineup.
“An electric launch next year could bolster Honda's market position, positioning it as a formidable challenger to Hero,” this person said.
Queries sent to Honda and Navitasys remained unanswered until the publication of this report Monday.
While the specifics of the tie-up could not be ascertained, Honda had revealed its EV roadmap for the Indian market in March this year. That entailed introducing two electric scooters in India in 2024, including the electrified version of the Activa. Moreover, it said it aims to reach one million annual EV production by 2030.
Honda had announced that it is developing EVs from the ground up and will be based on a platform called ‘Platform-E’ which will serve as the foundation for several electric two-wheelers, including fixed and swappable battery-type models. It went on to say that it plans to have ten electric two-wheelers in its portfolio over the next five years.